And this discussion doesn’t include the impact of over 70,000 landmines ordered from the United States and being “sown” into fields. What a bloody harvest.
From Fort Russ
By Yurasumy, 2/5/2015
Translated from Russian by J.Hawk
Due to the hryvnya devaluation the price of a loaf of bread may increase to 9-10 hryvnya. This was announced by the First Deputy Minister of Agriculture Yaroslav Krasnopolskiy.
“Krasnopolskiy reminded, that in May of last year the price of wheat was 2500 hryvnya/ton. After factoring in the halving of the value of the national currency, we are estimating that in May 2015 that price will be 4500-5000 hryvnya/ton, therefore the price of flour will reach 6-8 thousand hryvnya per ton. Which means that the final price of a loaf of bread will be 9-10 hryvnya.”
Judging by everything, there is no money left to even keep the price of basic necessities at an affordable level. Including BREAD. As long as there existed a central distribution of bread flour that was sold to bakeries at a “fixed” price (possibly by using up the flour from the state reserves), the price could be held in check. But now it has turned out that the government has “washed its hands” and that nobody will be controlling the price of flour starting with May. Moreover, even those calculations do not take into account what had happened on the currency markets over the last week. And one still has to stay alive until May.
J.Hawk’s Comments: To state the obvious first, Ukraine is not Russia. A devaluation for a country like Russia which is a net exporter that runs large surpluses, which has a relatively modern industry capable of manufacturing nearly all the necessities and which, last but not least, produces its own energy, is a blessing in disguise, as acknowledged even by Goldman Sachs. Ukraine has not one of these advantages. It has many disadvantages to boot, starting with its very own “leadership” “elite”. So the prices for everything, including even bread, will begin to rise, and for the regime this will be a death knell. Even the mobilization protests will pale in comparison with what will happen once that price of bread becomes a reality. Considering that, according to Yaresko’s own estimate, the military campaign has cost Ukraine $10 million a day, it’s becoming relatively obvious that the UAF will not be able to sustain even its current level of military effort for much longer.
And to think that not too long ago Yatsenyuk was bragging before the Rada and the entire Ukrainian people that Ukraine can always feed itself…
Source:
http://yurasumy.livejournal.com/374522.html
Bread for 10 hryvnya a loaf. Not a fairy tale but today’s estimate by the Ministry of Agriculture.
http://fortruss.blogspot.com/2015/02/let-them-eat-cake-ukraine-edition.html
